Sinaty BF http://sinatybf.com/ Tue, 22 Nov 2022 23:14:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://sinatybf.com/wp-content/uploads/2021/05/sinaty-bf-icon-1-150x150.png Sinaty BF http://sinatybf.com/ 32 32 Pulling a Leaf from the Book of Japan – Opinion https://sinatybf.com/pulling-a-leaf-from-the-book-of-japan-opinion/ Tue, 22 Nov 2022 23:14:00 +0000 https://sinatybf.com/pulling-a-leaf-from-the-book-of-japan-opinion/

China, which is now aging faster than any other country, can learn from the experience of the world’s oldest society

WANG YANGYANG/FOR CHINA DAILY

The life expectancy of the world’s population is increasing due to economic and social development, improved living standards, improved social security, and advances in science and technology, especially technology medical. But the aging of the population has negative consequences, such as labor shortages, a lack of vigor in society and unsustainable social insurance.

That said, the aging of the population also creates opportunities for the development of human society. If we take the minor stage as the first stage of life and the young and middle-aged people as the second stage, the post-retirement period can be regarded as the third stage of life. There is enormous human resource potential to be tapped in the older workforce. A growing number of older people have maintained very healthy lives even after retirement – some find new jobs or start their own businesses, while others gain knowledge at universities for the elderly, contributing to society and the communities in different ways.

From a global perspective, despite a relatively late onset of population aging, China is aging faster and on a larger scale than any other country. Learn from the experience of countries that are at the forefront of population aging, implement national strategies to actively address the challenges of population aging, and chart a new course in the fight against population aging. population with Chinese characteristics are arduous and urgent tasks that China must undertake.

Japan is an important country from which China can learn to address the problem of aging. The aging of the Japanese population began in the 1970s and has since become an increasingly serious problem. Today, his “super-aged” society is the oldest in the world. As of September 15, 2021, 29.1% of Japan’s population was aged 65 or over. On the other hand, Japan also has one of the highest life expectancies in the world at 84 and the country is also home to a record number of centenarians. Japan is entering an era of centenarians.

As the aging population progresses, the Japanese government and people have actively faced the problems associated with it, accumulating rich experience in addressing the problem of aging, both positive and negative.

Despite the difference in social systems, China and Japan have much in common in demographic structural changes, patterns of population aging, and attitudes toward support for the elderly. Japan’s policies and solutions to deal with population aging, especially “active aging” measures, provide important benchmarks for China.

To begin with, Japan maintained that the elderly are invaluable assets for society, humanity and sustainable development and that they are builders, supporters and entrepreneurs of society. Society should create opportunities for older people to freely choose their way of life in old age. When their state of health deteriorates and they need help, they must have access to sufficient protection, security and care to lead a dignified life; when they want to fully exploit their abilities, society should create opportunities to help and support them to realize their full potential and achieve self-esteem.

Based on the demographic transition, Japan has continuously optimized laws and regulations on health care services for the elderly, improved its system of medical and health care services for the elderly, reformed the system of nursing care insurance, advanced the “combination of medical and health care” and encouraged improved health services for the elderly. In particular, the Long-Term Care Insurance Law which came into force in Japan in 2000 greatly eased the burden on family caregivers for the elderly, effectively mobilized resources from the market, government and organizations not-for-profit, reduce government tax burden and satisfy diverse demands for aged care services.

Japan has also exploited the elderly as a human resource, thereby improving the employment environment for the elderly. The public employment security services of all the prefectures have set up a special consultation and employment assistance desk for the elderly.

Since the turn of the century, the Japanese government has unveiled a number of policies and regulations on raising the mandatory retirement age. It is worth mentioning that carry-over and reuse policies are not mandated by government administrative decrees, but rather are gradually induced by government subsidies and incentives. Some Japanese financial companies provide concessional loans to senior citizens and provide business start-up grants, such as rental and decoration, to encourage them to start their own business.

In 2020, Japan’s older adult population, those over the age of 65, made up 13.4% of the country’s total workforce, a relatively high ratio in the world. It has been proven that fully exploiting the human capital of older people and supporting their social engagement can, to some extent, counteract the negative effects of population ageing.

Since the late 1990s, Japanese NGOs have exploded like mushrooms after rain. Some of them have opened senior cafes, canteens and lounges in local communities, providing a platform for seniors to communicate and socialize with each other. These facilities have also helped the elderly to get out of their homes and participate in careers such as community building, caring for young children, environmental protection and caring for the elderly, etc.

Non-profit organizations in Hokkaido, which target a large number of elderly people living alone, have set up community canteens to deliver meals to them and have held senior citizens’ fairs to promote their social engagement. Many healthy older people have joined community non-profit and voluntary organizations, becoming supporters and entrepreneurs of community development.

Last but not least, educating older people, an important part of education and lifelong learning, has met the knowledge needs of older people, enriched their lives and improved the level of knowledge of skills.

In Japan, education for the elderly is mainly provided by social welfare and educational institutions in Japanese prefectures, counties, cities, towns and neighborhoods, as well as non-profit non-governmental organizations. or non-governmental institutions, with a wide variety of school programs. common subjects and models of education.

Some higher education institutions in Japan integrate their degree training with seniors’ education by holding public lectures for seniors to provide them with degree training opportunities.

The author is a professor at the Institute of Japanese Studies of the Chinese Academy of Social Sciences. The author contributed this article to China Watch, a think tank powered by China Daily.

Contact the editor at editor@chinawatch.cn

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The 4 Best Online Payday Loan Companies With Bad Credit Options Too https://sinatybf.com/the-4-best-online-payday-loan-companies-with-bad-credit-options-too/ Tue, 22 Nov 2022 15:36:00 +0000 https://sinatybf.com/the-4-best-online-payday-loan-companies-with-bad-credit-options-too/

Payday loans can provide a fast and efficient way to borrow money quickly in an emergency. Whether it’s $300 or $500, the idea is that you can get a cash advance on your next paycheck and use that money to pay any urgent bills and then pay off the loan in full when your next payday or spread the reimbursement over several instalments.

Payday loans are legalized in 37 US states and there are currently over 20,000 stores where you can physically request and receive same-day funds, primarily in states such as Nevada, Texas and California.

Applying for a payday loan online is often more convenient, with an application taking less than 5 minutes followed by an instant decision and funds being transferred within hours or even minutes.

This article provides information on payday loans, while highlighting 4 companies that offer the best payday loans for anyone who wants to apply online and get a decision today.

Top 4 Online Payday Loans

1. DollarMain

2. Phaabs

3. Dime Alley

4.FingerFinance

Why did we select these 4 companies as the best payday loan companies?

We have selected the 4 best payday lenders based on the following:

Clear eligibility criteria – Our proposed lenders have very clear criteria, including being over 18 and having a social security number.

Fee Transparency – Lenders clearly state the cost of the loan. This is a representative example and the rate you are charged may be higher or lower depending on factors such as your credit score, income and other debts you may have.

No application fee – The companies do not charge any fees to apply and completing an application will have no impact on your credit score.

Same day loans – Subject to further verification, if your loan application is approved, you can receive funds in your bank account the same day of application or within 24 hours.

Data protection – Your data is protected when you apply through a secure server and your information will not be sent to other lenders or third parties without your permission.

Follows the guidelines – The payday loan industry in the United States is highly regulated and listed companies maintain the highest standards by adhering to these regulations.

What is a personal loan?

A payday loan is a type of short-term financing that involves borrowing a few hundred dollars, often used to make someone wait until the end of the month when they get their paycheck from work. These products are offered by private companies, lenders, startups and apps, and regularly help those looking for bad loans.

The average payday loan is around $300, which is transferred from a lender to the customer’s bank account in a lump sum. Payday loans typically last between 14 and 30 days, with the entire loan and interest often paid in full on the borrower’s next payment date.

What are the eligibility criteria for an online personal loan?

Customers must:

• Being older than 18

• Have a social security number

• Be employed with a minimum income of $500 to $1,000 per month

• Have a bank account, an email address and a mobile phone

• Be able to pay reimbursements

How much does a payday loan cost?

Based on an example of borrowing $500, this will cost you $46.23 in interest for 2 weeks, or $92.27 in interest for 4 weeks, or $273.95 in interest on top of that for 12 weeks.

This is based on a representative 500% APR rate (Source: Pheabs.com) and the longer you keep your loan open, the more interest accrues.

The interest rate and APR you are charged depends on several factors, including your age, credit score, income, residency status, and other outstanding debts. While the 300% to 500% APR rate is offered to around 51% of payday loan customers, this may vary depending on your situation.

How do refunds work?

A payday loan is usually repaid in full on the client’s next pay date, which is usually the last business day or Friday of the month.

Refunds are collected from the lender via an ACH authorization which automatically collects payment from the customer’s bank account (not directly from the employer).

Some payday loans are repaid in monthly installments, with customers having the option to repay over 3, 6, 9, or 12 months, or more depending on the lender and loan amount.

You always have the option of repaying your loan early and there is usually no charge. The amount is calculated on a daily interest rate, so if you have the loan open for 14 days, you will pay 14 days of interest.

What are payday loans used for?

• Emergency room

• Car repairs

Credit card bills

• Medical bills

• Household repairs

• Lease

• Funeral expenses

• Child expenses

Can I get a payday loan for bad credit?

Yes, it is possible to apply for a payday loan with bad credit, with the majority of lenders being open to all sorts of stories. Typically, if a customer had a perfect credit score, they might consider a personal loan or a credit card, so payday lenders realize that their customers are more likely to have fair or poor credit histories. .

To qualify, you need a stable income and a commitment to repay your loan on time. Although you may have missed payments in the past, you could improve your financial situation and start paying things on time – and the lender will recognize this and help you get the funds you need.

Are payday loans guaranteed for approval?

Secured payday loans are unlikely as there is usually a series of credit checks and financial capability checks to ensure a customer is suitable and can afford to repay their loan without falling into financial hardship.

However, suppose your loan is not approved. In this case, alternative products can be recommended to suit your needs, whether it’s a title loan secured by your car, a home loan or working with a credit union.

Is it possible to get payday loans without a credit check?

Suppose you are looking for payday loans no credit check. In this case, it is also unlikely, as running credit checks is one of the first things lenders do to determine customer eligibility.

One way to get a loan without a credit check is to use an alternative product where credit scoring is not taken into account. For example, title loans, pawnbrokers, or loans secured against your home that take the value of your property or collateral against traditional credit checks.

But even for these products it is still common for the lender to check your credit score and if there is a long history of missed repayments or bankruptcy this could make it difficult to get a loan and you may have to be contacting a professional to help you get your finances back on track.

What happens if I can’t repay my payday loan?

Not repaying your loan on time can lead to late fees, additional interest, and negatively impact your credit score.

Additional charges will be added if you do not speak to the lender and explain your situation. You should therefore contact the loan company as soon as you have problems, as they may be able to freeze interest, delay repayment, or put in place an arrangement to spread repayment over a longer period.

Some payday lenders in the US will offer extensions or rollovers to people who are struggling to repay and this can be helpful but it can also lead to increased interest and for many it becomes a loan that builds up and they can’t afford it. stopped.

It is very rare to be sued for an unpaid payday loan, unless you have accumulated a huge amount of overdue debt for some time. Likewise, you will not go to jail for an unpaid loan.

Is a payday loan right for me?

If you have a one-off emergency and your payday is a bit too far away, getting a payday loan can be a quick way to borrow money – often much faster than a traditional bank or credit union. .

When you use a payday loan you want to have a clear repayment strategy in mind and know that you can afford to pay it back and that you are not just using the loan to pay off other debts as this could cause a spiral of debt.

Although effective, this type of financing is more expensive than options such as credit cards or borrowing from family and friends.

But if you’ve thought about your repayment and have a regular income, you can use a payday loan to pay a bill, make a major purchase, and find yourself in more financial control once everything is paid off and sorted!


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Rochelle News-Leader | Benefits of Thanksgiving and the Farm Office https://sinatybf.com/rochelle-news-leader-benefits-of-thanksgiving-and-the-farm-office/ Tue, 22 Nov 2022 02:42:48 +0000 https://sinatybf.com/rochelle-news-leader-benefits-of-thanksgiving-and-the-farm-office/

As I write, we are sitting a few days away from Thanksgiving. I hope you all have plans to hang out with your family and friends and enjoy the holidays.

For many, Christmas is THE holiday of the year, and well it should be, but for me, I’ve always held a special place for Thanksgiving. Over the years, I’ve missed a few Christmases at home, but never a Thanksgiving. It was the one time we all knew the whole family would be together.

Of course the meal, especially for me, the freshly baked pies were always a draw.

So whatever your favorite vacation is, be sure to take advantage of this one.

IFB credit card

Members of the Illinois Agricultural Bureau now have access to a new way to promote agriculture and agricultural education. The IAA Credit Union, a subsidiary of the Illinois Farm Bureau, has launched the new Illinois Farm Bureau Visa card.

Members can now apply for the new Illinois Farm Bureau Visa card and show their support for agricultural education. Programs like Ag In The Classroom will receive a direct support payment through the IAA Foundation each time you use your new Illinois Farm Bureau Visa card.

The card offers members no annual fee and no minimum finance charge. The new card offers competitive rates based on approved credit and low transaction fees on cash advances.

Members should contact the Ogle County Agricultural Bureau for the IAA Credit Union Application for the new Illinois Farm Bureau Visa Card or contact the IAA Credit Union at 1-800-676-2541.

To paint

The fall and winter seasons provide many of us with the opportunity to embark on a few of these home improvement projects. Of course, interior painting is a perfect project for this winter season.

Now Farm Bureau members can not only get started on their painting project, but also save money while they do it!

Farm Bureau members receive 25% off all items, except Duration Paint, at all Sherwin-Williams stores. Sherwin-Williams has been a recognized industry leader for decades, providing the best quality products and services available to the home repair and construction industry.

So if you’re getting ready to start planning or taking care of that painting project, be sure to stop by your local Sherwin-Williams store to see how they can help you and save some money!

Sales tax

I get several calls a year asking about the sales tax exemption on farm equipment. Here is the wording straight from the Illinois Department of Revenue.

The agricultural machinery and equipment exemption applies to purchases of agricultural machinery and equipment used or leased for use primarily (more than 50% of the time) in production agriculture or for use in agricultural programs state or federal agricultural; the exemption also applies to repairs and spare parts for eligible machinery and equipment. Excluded from this exemption are motor vehicles that must be registered under the Illinois Motor Vehicle Code.

To document tax-exempt purchases of such items, retailers must maintain in their books and records an exemption certificate containing the name and address of the seller, the name and address of the purchaser, an identification or description of the items purchased, a statement from the buyer that the items are used primarily in production agriculture or in a state or federal agricultural program, and the buyer’s signature and date signed. Buyers can document their tax-exempt purchases either by completing Form ST-587, Machinery and Equipment Exemption Certificate, or by issuing their own certificate. A copy of the certificate must be given to the retailer. For more detailed information on this exemption, see 86 Illinois Administrative Code 130.305.

“Thanksgiving is an emotional time. People travel thousands of miles to be with people they only see once a year. And then discovering once a year is far too often. -Johnny Carson

Ron Kern is the director of the Ogle County Agricultural Bureau.

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Why My Friends Who Own A $1 Million Home Got Into Debt For A $5,000 HVAC Repair https://sinatybf.com/why-my-friends-who-own-a-1-million-home-got-into-debt-for-a-5000-hvac-repair/ Fri, 18 Nov 2022 19:00:08 +0000 https://sinatybf.com/why-my-friends-who-own-a-1-million-home-got-into-debt-for-a-5000-hvac-repair/

Image source: Getty Images

Let’s just say they made a big mistake buying their house.


Key points

  • Taking on too much of a mortgage can lead to a cash-strapped lifestyle.
  • It could also lead to debt when unexpected expenses arise.

When mortgage rates started to dive to record highs in the second half of 2020, two of my friends who got married a few years before decided to dive into home ownership. They had saved up for a house and had decent incomes, so they thought they would take advantage of those low rates and increase their home buying budget.

Initially, they figured they would buy a house for $800,000 or less. (In some context, we all live in New Jersey, and while an $800,000 property is certainly a nice property, it’s not necessarily a mansion.) But the more they looked, the more they realized that s stretched their budget a little more, they could have a really amazing house instead.

So that’s what they did. They ended up buying a million dollar house and put 20% less at closing which left them with a whopping whopping one mortgage. And while they were happy with this decision at first, they are now at the point where they regret it.

A big mistake

My friends knew before buying their house that they were going to spend a large part of their income on housing. But they were okay with it. They believed that if they had a comfortable home, they would cook more in their large kitchen and spend more time in their park-like garden rather than taking trips or going out to eat.

This plan worked for a while, and to be fair, they reduced their leisure spending. But they also started spending a lot more not just on their mortgage payments, but also on maintenance and repairs.

In fact, the cost of owning their home became so huge that they ended up practically emptying their savings. And that left them in a very tough spot earlier this year when their HVAC system failed.

Home poor, and now in debt

My friends who own a $1 million house (actually more like $1.1 million at this point, based on market value) now have a $5,000 house credit card balance that they repay over time. The reason? They have exhausted most of their savings for the down payment on this house, and pretty much wiped out the rest over maintenance and repairs in their first two years. And so when they had a recent HVAC issue, they had to charge for it and pay it back over time.

My friends recognize that their situation is problematic, because they are the exact definition of being housing poor. But they also feel stuck.

Of course, they could sell their house and move to a less expensive house. But then they will lose money in realtor fees and closing costs on a new mortgage. Also, mortgage rates are very high right now, so even if they are currently paying less than 3% on their home loan, if they sign a new mortgage, they could end up paying over 7%.

For now, my friends plan to stay put but cut expenses even further, and they’re both looking to meet second jobs repay their debt as quickly as possible and increase their cash flow. But either way, they’ve learned the hard way that taking too much home can have consequences. And they agreed to let me share their story so other shoppers could learn from their mistake and avoid doing the same thing.

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Studies show gains versus hunger lost with tax credit ending – The 74 https://sinatybf.com/studies-show-gains-versus-hunger-lost-with-tax-credit-ending-the-74/ Fri, 18 Nov 2022 17:03:06 +0000 https://sinatybf.com/studies-show-gains-versus-hunger-lost-with-tax-credit-ending-the-74/

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An article in the Journal of the American Medical Association in October confirmed previous research that food insecurity increased significantly after the monthly Federal Child Tax Credits expired on January 15, 2022.

The study looked at the period between January and July of this year in a series of national surveys and found an almost 25% increase in food inadequacy, affecting black, Hispanic and Indigenous families the most.

The article published Oct. 21 in JAMA, “Association of the Expiration of Child Tax Credit Advance Payments With Food Insufficiency in US Households,” involved a cross-sectional study of repeated surveys of a nationally representative sample of 592,044 US households.

“The results of this study suggest that loss of monthly payments (child tax credit) was associated with an increased prevalence of households with children in the United States reporting sometimes or often not having enough to eat, a condition associated with adverse health effects across the lifespan,” the paper concludes.

Monthly American Rescue Plan Act (ARPA) Child Advance Tax Credit (CTC) payments were administered to more than 35 million households with children in the United States between July and December 2021. Center figures on Budget and Policy Priorities show the appropriations benefited about 2.37 million children in Ohio. Tax credits were associated with a substantial decrease in food insufficiency, according to the study.

Under ARPA, three major changes to the credit have been enacted for the 2021 tax year: an expansion of eligibility to include families with very low or no income; an increase in credit amounts from a maximum credit of $2,000 per child per year previously to $3,000 per child 6-17 per year and $3,600 per child under 6 per year; and provision for half of the loan in the form of a monthly advance between July and December 2021.

As a result of these changes, about 92% of families with children were eligible to receive $250 to $300 per month per child between July and December 2021, according to the study. National data shows that parents report spending monthly CTC payments on food, utilities, rent, clothing and education costs, according to the article.

These monthly payments expired in January 2022 after the US Congress failed to extend the policy.

In a series of surveys conducted by researchers just before the CTC expired, the unadjusted household food insufficiency was 12.7% among households with children.

In late January and early February 2022, following the first missed monthly CTC payment, 13.6% of households with children reported food insufficiency, rising to 16% in late June and early July 2022.

“Given the well-documented associations between the inability to afford food and poor health outcomes across the lifespan, Congress should consider prompt action to reinstate this policy,” the JAMA article recommended.

These latest findings mirror previous research done by the nonpartisan National Research Group at the Brookings Institution and published in April 2022 in a report titled “The Impacts of the 2021 Expanded Child Tax Credit on Family Employment, Nutrition and financial well-being”.

Brookings researchers said the temporary tax credit expansion “has unprecedented reach” and lifted 3.7 million children out of poverty by December 2021.

“The expanded CTC significantly improved food security and healthy eating among eligible people,” Brookings found.

Moreover, according to this study, about 70% of CTC recipients who were negatively affected by inflation said that the payments helped them better manage rising prices.

Besides increasing food security, other areas Brookings said tax credits help families include statistically significant declines in credit card debt compared to those who were not eligible; reducing reliance on expensive financial services such as payday loans and pawnbrokers, as well as reducing blood plasma sales rates; increased capacity to manage emergency expenses and strengthened family emergency funds; and a significant drop in evictions.

Brookings also found that credit enabled families of color to make significant investments in their children’s long-term educational outcomes. Black, Hispanic and non-white households were more likely to use the credit for child care and education expenses, Brookings found.

South Dakota Searchlight is part of States Newsroom, a grant-supported network of news outlets and a coalition of donors as a 501c(3) public charity. South Dakota Searchlight maintains editorial independence. Contact editor Seth Tupper with any questions: info@southdakotasearchlight.com. Follow South Dakota Searchlight on Facebook and Twitter.


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The city approves getting a $5 million line of credit – just cash, they’re running out. In the past, reserve funds were used as a source of funding « Burlington Gazette https://sinatybf.com/the-city-approves-getting-a-5-million-line-of-credit-just-cash-theyre-running-out-in-the-past-reserve-funds-were-used-as-a-source-of-funding-burlington-gazette/ Thu, 17 Nov 2022 04:18:45 +0000 https://sinatybf.com/the-city-approves-getting-a-5-million-line-of-credit-just-cash-theyre-running-out-in-the-past-reserve-funds-were-used-as-a-source-of-funding-burlington-gazette/

By staff

November 16, 2022

BURLINGTON, ON

The board was asked earlier in the week to approve the by-law authorizing the temporary borrowing of funds from the Royal Bank of Canada to meet the ordinary expenses of the corporation for the 2023 fiscal year; and have them sign the security agreement

The Finance Department explains that at various times of the year, it may be necessary to take out short-term loans from the Town’s banker to meet the municipality’s current day-to-day expenses.

Joan Ford, the city’s chief financial officer knows where every dollar comes from and where every dollar is spent.

There are times of the year when cash flow is at its lowest and operating expenses need to be covered in the period just before property taxes are collected. In previous years, we have borrowed against our reserve funds during this period and will continue to do so if necessary in 2023.

Borrowing agreements with the Royal Bank provide us with a line of credit of $5,000,000 at the prime rate less 3/4%. Currently, the prime rate is 5.95%. There was no need to access this line of credit in 2022 or previous years and it is not expected to be needed in 2023. The regulations are prepared to meet the banks’ requirements.

The City has also entered into loan agreements with Scotiabank to provide a credit facility of up to $2,000,000 for the administration of the City’s acquisition card program. In 2022 and prior years, this credit facility was repaid monthly and the City expects the facility to be utilized in the same manner in 2023. This loan agreement does not require a security agreement.

This security deal is really sweet.

NOW IT IS AGREED by the Company that in return for the advancement or provision by the Bank of said sum or sums to the Company, all income of the Company, of whatever kind and nature, shall be hereby charged to and in favor of the Bank, as security for payment of sums so advanced or furnished by the Bank and of any interest thereon and any other charges in connection therewith and the Bank shall have a lien on all such income until the charge hereby and by said by-law or resolution created is satisfied.

The Company represents and warrants that all or any part or parts of the income of the Company shall be free from pre-charge, except as disclosed to the Bank in writing.

It’s your taxes that are promised


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Studies show that gains against child hunger were lost after the Child Tax Credit ended https://sinatybf.com/studies-show-that-gains-against-child-hunger-were-lost-after-the-child-tax-credit-ended/ Tue, 15 Nov 2022 19:22:38 +0000 https://sinatybf.com/studies-show-that-gains-against-child-hunger-were-lost-after-the-child-tax-credit-ended/